Techmeme
July 7, 2023, 2:00 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans an appointment-only retail launch of the Vision Pro in the US in early 2024, starting with stores in NYC, LA, and other major cities  —  Apple Inc. is planning a retail launch of its Vision Pro headset with appointments and in-store promotion in select US markets early next year …
Lauren Feiner / CNBC:
Less than two days after launch, Mark Zuckerberg says Threads signups reached 70M, which is “way beyond our expectations”  —  - Meta's new Twitter competitor Threads has exploded in growth in its first full day since its public debut Wednesday night, fueled by Instagram's already massive userbase.
Jonathan Vanian / CNBC:
More: Wired, TechCrunch, New York Times, Thurrott, The Hill, BetaNews, The Guardian, Forbes, Washington Post, Engadget, Silicon Valley Business …, Associated Press, Guinness World Records, CBS News, Vox, VICE, Axios, Tom's Guide, Bloomberg, Cryptopolitan, PC Gamer, Neowin, PCMag, Financial Times, The i Paper, O'Grady's PowerPage, Techlusive, NBC News, Dexerto, Disconnect, GSMArena.com, ICYMI, Digit, Silicon Republic, The Korea Herald, TweakTown, Pocket-lint, Coinmonks, Memeburn, WRAL TechWire, Mashable, International Business Times, Coinspeaker, Tech.co, The Guardian, TechRadar, Laptop Mag, BBC, SlashGear, PhoneArena, Reuters, TIME, TheGamer, Business Post, BizTech News, Livemint, Digital Trends, Variety, Tech Xplore, Music Ally, BigTechWire, The Information, Barron's Online, Forrester, PYMNTS.com, MacStories, New York Times, Daring Fireball, Marketing Dive, Slate, Phandroid, The Apple Post, The Register, Social Signals, Agence France-Presse, CNN, Social Media Today, Insider, Pureinfotech, Chennai Print, Fortune, TechCrunch, Wall Street Journal, Supercharged, 9to5Mac, The Verge, Daring Fireball, and Slate
Manish Singh / TechCrunch:
Takashi Mochizuki / Bloomberg:
Sega co-COO Shuji Utsumi says the company plans to shelve its own blockchain games and skip blockchain projects for its biggest franchises to avoid devaluation  —  Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from an arena devastated …
Shaurya Malwa / CoinDesk:
Crypto bridging protocol Multichain confirms an exploit impacted $130M in user-supplied tokens and recommends “all users suspend the use of Multichain services”  —  “It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain," developers said early Friday.
Sarah Wynn / The Block:
Gemini sues DCG and its founder Barry Silbert, accusing Barry Silbert of being the architect and mastermind of the DCG and Genesis fraud against creditors  —  - Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
New York Times:
Sources: the FBI searched Kraken co-founder Jesse Powell's home in March 2023, as part of US prosecutors' probe into claims he hacked a nonprofit he founded  —  Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.
Nathan Crooks / The Block:
Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe  —  - Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources.
New York Times:
Uber, DoorDash, and Grubhub sue NYC, seeking to block the city's new minimum pay standard that increases the hourly wage for gig workers to ~$18 and $20 by 2025  —  Uber, DoorDash and Grubhub argued that the city used poor data to calculate how much food delivery workers should earn and that the change would hurt consumers.
Frederick Munawa / CoinDesk:
Lightning Labs unveils tools that let developers create AI agents to leverage GPT function calls to hold, send, and receive bitcoin via the Lightning Network  —  “We are in the realm of enabling use cases that weren't previously possible,” Lightning Labs CEO Elizabeth Stark told CoinDesk.
Bloomberg:
The People's Bank of China fines Ant Group ~$984M for violating laws in consumer protection, anti-money laundering, and more, ending over two years of probes  —  China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown …

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Earlier Picks

Kara Carlson / Austin American-Statesman:
Aisha Malik / TechCrunch:
Kyle Wiggers / TechCrunch:
Foo Yun Chee / Reuters: